EDWARD KLINE MEM HOMELESS VETERANS FUND INC

EIN: 452285031 501(c)(3) Housing & Shelter

LAS VEGAS, NV

Total Revenue
$703,286
Total Expenses
$715,384
Total Assets
$646,463
Net Assets
$581,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NV
Principal Officer
LESTER SHERMAN
Phone
7025601748
Tax Period
2025-01-01 to 2025-12-31

EDWARD KLINE MEM HOMELESS VETERANS FUND INC, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $703K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year.

Mission

KLINE VETERANS FUND PROVIDES EMERGENCY HOUSING ASSISTANCE AND SUPPORTIVE SERVICES TO HOMELESS AND AT-RISK VETERANS AND THEIR FAMILIES IN SOUTHERN NEVADA, FOCUSED ON THE HIGHEST NEED CATEGORIES. OUR PROGRAM IS DEDICATED TO SERVING WITH DIGNITY AND COMPASSION THE BRAVE MEN AND WOMEN WHO HAVE HONORABLY SERVED OUR COUNTRY AND NOW FIND THEMSELVES FACING HOUSING INSTABILITY OR CRISIS DUE TO UNEXPECTED FINANCIAL HARDSHIP OR UNAVOIDABLE LIFE CIRCUMSTANCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $641,326
Program Service Revenue $0
Investment Income $11,081
Other Revenue $50,879
TOTAL REVENUE $703,286

Expense Breakdown

Grants Paid $337,255
Salaries & Benefits $347,174
Fundraising Expenses $56,904
Program Expenses $591,023
Other Expenses $30,955
TOTAL EXPENSES $715,384

Year-over-Year Comparison

2025 2024 Change
Revenue $703,286 $751,737 -0.1%
Expenses $715,384 $631,760 +0.1%
Net Income $-12,098 $119,977 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$183,716
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESTER SHERMAN PRESIDENT 15.00
Officer Director
$0 $0 $0
LORI BORDMAN TREASURER 20.00
Officer Director
$0 $0 $0
STEPHEN WEINER SECRETARY 13.00
Officer Director
$0 $0 $0
FLORENTINA BARNA DIRECTOR 12.00
Director
$0 $0 $0
MATHEW GREEN DIRECTOR 12.00
Director
$0 $0 $0
BRENDAN VARGAS DIRECTOR 12.00
Director
$0 $0 $0
AARIS WHITMAN DIRECTOR 12.00
Director
$0 $0 $0
STEPHANIE HELMS EXECUTIVE DI 40.00
Officer
$183,716 $0 $183,716
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $703,286 $715,384 $646,463 $-12,098
2024 $751,737 $631,760 $634,714 $119,977
2023 $707,601 $543,139 $498,478 $164,462
2022 $494,255 $378,664 $378,296 $115,591
2021 $356,290 $293,646 $211,560 $62,644
2020 $305,923 $237,446 $145,750 $68,477
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